Experience of Investment Activity in the Railway System of the Republic of Uzbekistan

Abstract

This article discusses the investment activities of the leading countries of the world. The main distinctive features of the investment activity of the railway industry in foreign countries, including China, Russia, USA, UK and Ukraine, are given. Displays the opinions of well-known experts and economists who have studied the investment activities in the railway industry for years. The experience of the investment activity of the railway industry of the Republic of Uzbekistan using the information resource of JSC «Uzbekistan Railways» has been performed. According to JSC «Uzbekistan Railways», investments in the railway industry in 2018 decreased significantly distinctive to 2017. Attracted investments should receive a technical, financial and economic justification for each project to have a financial recoupment and economic return. To this end, it is necessary to increase the volume of intensive investments and innovations implemented in the railway industry of the Republic of Uzbekistan. It should be noted that after adding coal production to the structure of railways, the responsibility of JSC «Uzbekistan Railways» to the state and the population increased several times. SWOT experiment of the activities of the railway industry of the country. In certain areas of the railway identified specific problems to solve. At the moment, some issues are not solved in the railway itself and beyond. For example, tariffs for domestic freight and passenger transportation are controlled by the Ministry of Finance, service levels mainly depend on the operation of railways in other countries, most of the problems are external and therefore difficult to solve. In this regard, it is necessary to solve the problems listed below and give even more impetus to the railway system. Having studied the problems of the industry, the conclusions and recommendations for improving the investment activity of the railways of the Republic of Uzbekistan are given.